I was searching online for new upcoming games under RPG genres most particularly similar to Torchlight (which I was just recently playing) and found Divine Divinity: Original Sin.
I haven't played the first Divinity game but looking at some videos and articles, it is so going on my list.
I found that It seems to incorporate a lot of open world roleplaying plus it's turn based combat system into the game.
It's nearing it's release stage:
https://www.youtube.com/watch?v=j5OmughidWo
^Another plus is that the developers will be releasing their devkit/construction set, which they also stated was their main toolset to build the game.
Here's what the devkit looks like:
https://s3.amazonaws.com/ksr/assets/000/437/543/efbac866112c1d597748bbf36db6b8a2_large.jpg?1363017814
The translation gizmo's reminded me of that of the CK for Skyrim.